Raymond James Financial Inc. purchased a new stake in Western Asset Emerging Markets Debt Fund Inc. (NYSE:EMD - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 324,481 shares of the company's stock, valued at approximately $3,122,000. Raymond James Financial Inc. owned approximately 1.13% of Western Asset Emerging Markets Debt Fund at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in EMD. Allworth Financial LP acquired a new position in shares of Western Asset Emerging Markets Debt Fund during the fourth quarter worth approximately $38,000. Anfield Capital Management LLC bought a new stake in Western Asset Emerging Markets Debt Fund during the 4th quarter valued at $56,000. Mission Hills Financial Advisory LLC acquired a new position in Western Asset Emerging Markets Debt Fund during the fourth quarter worth $108,000. Jane Street Group LLC bought a new position in shares of Western Asset Emerging Markets Debt Fund in the third quarter valued at $192,000. Finally, Apollon Wealth Management LLC bought a new position in shares of Western Asset Emerging Markets Debt Fund in the fourth quarter valued at $245,000. Institutional investors and hedge funds own 33.05% of the company's stock.
Western Asset Emerging Markets Debt Fund Trading Down 0.3 %
Shares of NYSE:EMD traded down $0.03 during midday trading on Wednesday, hitting $9.84. 214,249 shares of the company's stock were exchanged, compared to its average volume of 196,428. Western Asset Emerging Markets Debt Fund Inc. has a 12 month low of $8.89 and a 12 month high of $10.33. The stock has a 50 day moving average price of $9.86 and a 200-day moving average price of $9.89.
Western Asset Emerging Markets Debt Fund Dividend Announcement
The business also recently disclosed a dividend, which was paid on Tuesday, April 1st. Stockholders of record on Tuesday, March 25th were paid a $0.09 dividend. This represents a dividend yield of 10.92%. The ex-dividend date of this dividend was Monday, March 24th.
Western Asset Emerging Markets Debt Fund Profile
(
Free Report)
Western Asset Emerging Markets Debt Fund Inc is an open ended fixed-income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC. It is co-managed by Western Asset Management Company, Western Asset Management Company Limited and Western Asset Management Company Pte. Ltd. The fund invests in fixed income markets of emerging market countries across the globe.
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